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Rockville biotechnology company Neuralstem showed a third-quarter net loss of $5.1 million, compared with a loss of $3.2 million a year ago. The larger loss was due to a non-cash charge related to a change in accounting for certain warrants, offset in part by reductions in other expense categories, officials said.

Ore Pharmaceutical Holdings of Gaithersburg saw a third-quarter net loss of $594,000, compared with a net loss of $7.4 million in the prior-year quarter. No revenues were reported for the quarter, versus $200,000 a year earlier.

Conmed Healthcare Management of Hanover, which provides health care services to county detention centers, reported its third-quarter profit rose to $853,716 from $108,470 in the prior-year quarter. Revenues grew to $13.6 million from $11.5 million.

New Generation Biofuels Holdings of Columbia saw a third-quarter net loss of $2.3 million, compared with a net loss of $2.4 million in the prior-year quarter. Revenues rose to $34,412 from none.

PharmAthene Inc. of Annapolis, a biodefense company, had a net loss of 14 million compared to $4.5 million for the prior-year quarter. Revenues were $6.8 million compared to $10.7 million for the prior-year quarter, a decrease of 36 percent.

India Globalization Capital Inc. of Bethesda, an infrastructure and materials company operating in India, reported a net income loss of approximately $580,000 for the second quarter fiscal 2010, as compared to a gain of $72,000 in the prior-year quarter. Revenues were $5.4 million, a decrease of 49 percent, compared to the prior-year quarter.

Avatech Solutions of Baltimore, a provider of design, engineering, and facilities management, reported net income of $127,000 for its fiscal first quarter, compared to $154,000 from its prior-year quarter. Revenues were $7.8 million, a 28 percent decline from its prior-year quarter revenue of $10.8 million.

EntreMed Inc. of Rockville, a clinical-stage pharmaceutical company developing therapeutics for the treatment of cancer, reported profit of $85,000 for the third quarter, as compared to a loss of $3.4 million for the prior-year quarter. Revenues were about $3.7 million, compared to $3.5 million for the prior-year quarter.

American Community Properties Trust of St. Charles, a real estate organization with operations in Maryland and Puerto Rico, reported a net income of $24.6 million for third quarter, compared to $33,000 for the prior-year quarter. The significant increase in profit is largely due to a sale of its Puerto Rico multifamily apartment operations, according to CEO Steve Griessel. Revenue for the quarter was $12.1 million, compared to $9.9 million for the prior-year quarter.